Cognizant - completing its 25-year journey this Saturday - is one of the first firms in IT that has roped in doctors and paramedics to strengthen health care practices
IT major Cognizant Tuesday said it is acquiring Mustache, a privately-held creative content agency based in New York. The transaction is expected to close in the first quarter of 2019 subject to satisfaction of certain closing conditions, a statement by Cognizant said. The size of the deal was, however, not disclosed. Founded in 2010, Mustache specialises in creating original and branded content for digital, broadcast and social mediums. Its clients include brands such as A&E Networks, Brand USA, Google, Grammarly, L'Oral, Netflix, and Viceland. Post acquisition, Mustache's team of content experts will become part of Cognizant Interactive, the statement said. Mustache's team includes creative directors, strategists, art directors, writers, producers, animators, graphic designers, video editors, and post production specialists. "Chief Marketing Officers (CMOs) are looking for a single-source, at-scale provider to help them with the capabilities they need to win in the experience .
Cognizant is driving intelligent process automation (IPA) with clients in key verticals such as health care, banking, and financial services
Firm appoints chief digital officers for each of its verticals
Nasdaq-listed Cognizant says it is seeing good demand across all verticals
The company had registered a net profit of $495 million in July-September 2017, Cognizant said in a statement
Cognizant said its revenue from healthcare services grew 9.6 percent to $1.19 billion, in line with analysts' estimates
The process, which was completed in August, is likely to cost $35 million to the company
BS ReporterUS-based IT major Cognizant has entered into a definitive agreement to acquire Softvision, LLC, a privately-held digital engineering and consulting company focused on agile development of innovative software solutions and platforms for an undisclosed amount. The transaction is expected to close in the fourth quarter of 2018 subject to the satisfaction of the closing conditions, including regulatory review.In the end of September, Reuters has reported that the Teaneck-based company is looking at the Private Equity-backed Softvision for about $550 million to boost its digital business. Softvision is into developing custom digital products using unique collaborative engineering methods. The combination of capabilities from Softvision and Cognizant would create one of the top digital engineering companies in software product development, said the company.Founded more than 20 years ago in Silicon Valley, Austin, the Texas-based Softvision works with Fortune 500 clients in ...
Patsalos-Fox is currently chairman, president and CEO of Vidyo, a leading visual communications services provider
Acquisition to help Nasdaq-listed firm to enhance its cloud consulting capabilities, expand presence in APAC
The transaction is expected to close in the fourth quarter of 2018, subject to certain closing conditions
The appointment comes almost a year after its previous Vice Chairman Lakshmi Narayanan stepped down by not seeking re-election
Company now ranks at 195; it was placed at 205 in 2017
From that perspective, any growth that will happen now will definitely necessarily mean that there will be a net headcount addition, said Debashis Chatterjee
Hedera Consulting is a consulting company specialised in growth strategy, digitisation, innovation and commercial excellence for clients across industries, including financial service
The solution will help insurers reduce the risk of data breaches, fraud and money-laundering, while delivering a superior experience to customers
The dispute involves the I-T Department's recent assertion that the company owes additional taxes in connection with a $2.8-billion share buyback transaction undertaken by a subsidiary in 2016
The Madras High Court today directed the Income Tax Department, in the Rs 28 billion tax dispute with It major Cognizant, to lift the attachment of a JPMorgan account. The Court also directed Cognizant to deposit 15 per cent of the tax demanded in a suspense account to lift the attachment of some of the other accounts.Earlier, on March 22, 2018 the Department had issued an order seeking Cognizant to pay 15 per cent tax on a Rs 194.15 billion paid by the company under a scheme to its shareholders overseas. It has also attached the bank accounts of the company, immediately, alleges the company.P S Raman, who appeared for the company, in the Madras High Court today argued that since all the 68 bank accounts have been attached, the company not able to pay its vendors for the last eight days.He argued that as per a latest affidavit by the department, it has issued a show cause notice on the same day it attached the bank accounts, which is questionable.The company has sought the court's ...
Cognizant says it will 'continue to vigorously defend itself and will pursue all available legal remedies'